News

Abu Dhabi / WAM Today, the Small and Medium Business (SMB) sector plays an important role in the UAE’s economy, accounting for 86% of the total private sector workforce and more than 60% of the country’s current GDP. Etisalat serves close to 300,000 SMB customers in the UAE, working closely with them in their digital transformation journey. The relevance of ...

Bloomberg Oil fell below $42 a barrel in New York at the start of a week that will see Opec+ gather to assess its supply deal as countries struggle to contain the virus that’s hurt economies and fuel demand globally. The Joint Ministerial Monitoring Committee — the panel which reviews the deal between the Organisation of Petroleum Exporting Countries (Opec) ...

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone) and the Hamriyah Free Zone Authority (HFZA) signed two Memoranda of Understanding (MoU) with the Sharjah Driving Institute (SDI) to develop two driver training units in each zone. This is being done to enhance cooperation between both parties to achieve their common objectives, including strengthening public-private partnerships and providing ...

Dubai / Emirates Business Dubai’s trade with Africa could see an annual increase of up to 10% over the next five years following the implementation of the African Continental Free Trade Agreement (AfCFTA), according to Dubai Chamber of Commerce and Industry’s latest forecast. The outlook for Dubai-Africa trade and new bilateral business opportunities created by AfCFTA were among the main ...

Dubai / Emirates Business Emirates will resume passenger flights to Warsaw from September 4 starting with twice-a-week services, and increasing to three-a-week from October 7. The resumption of flights to Warsaw will expand Emirates’ current network to 75 cities in September, offering travellers in Middle East, Africa and Asia Pacific convenient connections via Dubai to the Polish capital. The airline ...

ATHENS / WAM Greece has congratulated the governments of the UAE and Israel on the historic peace accord. A statement released by Ministry of Foreign Affairs of Greece said that this agreement – concluded between two close partners of Greece with the pivotal and constructive support of the US – constitutes a victory for diplomacy and an important step towards ...

Dubai / WAM During a meeting with the “Artificial Intelligence, Digital Economy and Teleworking Applications Team,” His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stated, “Our priorities are the development of the digital economy that will contribute to our national economy, reinforce the country’s smart infrastructure, ensure our digital ...

Abu Dhabi / WAM The Emirates Mars Mission (EMM) the first interplanetary mission undertaken by an Arab nation, on Monday announced the successful completion of TCM1 – its first trajectory correction manoeuvre and a major milestone for the mission as the Mars Hope probe continues its seven-month journey to Mars. The manoeuvre marks the first firing of the Mars Hope ...

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) has issued a new circular allowing owners of cinemas inside shopping malls across Abu Dhabi to resume operations and open their doors to the public provided they comply to the precautionary measures being implemented to curb the spread of coronavirus (Covid-19). In a statement by the Added on ...

Dubai / WAM Dubai Customs reported a 23% growth in the value of Dubai’s foreign trade of sterilizers and disinfectants, which reached AED 70 million during the first half of this year, compared to AED 56.8 million in the corresponding period last year. Last June saw the highest rise in sterilisers trade by 95% to record AED18 million from AED9.8 ...